HDFC Bank is offering much higher FCNR interest rates vis-a-vis term deposits in other countries.
Why should NRIs open FCNR account in India The deposit can be held jointly with other NRIs. HDFC Bank FCNR Fixed Deposit Rates 2023 HDFC FCNR account features and benefitsįCNR fixed deposits are a great way for NRIs to earn higher interest rates on their foreign income.